Unsubsidized loans tag
Fellowship for Serving African-American Communities
The Fellowship for Serving African American Communities brings together talented and diverse emerging leaders from any race or ethnicity working to reduce disparities in African American and other underserved communities in the U.S. through efforts in health care, education, economic development, public policy, criminal justice reform, social entrepreneurship, and a variety of other fields.
Up to five recipients each year will receive full tuition, health insurance, and a $10,000 annual stipend during their full course of study at Harvard Kennedy School.
The fellowship is open to all admitted degree program students at Harvard Kennedy School. Domestic students from underrepresented groups are encouraged to apply, as well as students interested in business, medicine, law, education, and public health. Applicants will be considered based on their academic credentials and demonstrated leadership promise, interest and work in reducing disparities in African-American and other undeserved communities.
Federal Direct Unsubsidized Loans
Some M.A. students at the department of English are eligible for partial scholarships through the Graduate School.
The Federal Direct Unsubsidized Loan is a low-interest loan available to students for post-secondary educational expenses. Most matriculated students are eligible for an Unsubsidized Loan each academic year. The loan is made to the student who is responsible for repayment. The interest rate for all Direct Unsubsidized Loans (formerly called Stafford Loans) disbursed on or after July 1, 2019, and prior to July 1, 2020, is a fixed rate of 6.08%. The interest rate for loans disbursed on or after July 1, 2020, and before July 1, 2021, is 4.30%.
Graduate and professional students are eligible to borrow up to $20,500 per year in a Federal Direct Unsubsidized Loan. The cumulative maximum for the Federal Direct Subsidized and Unsubsidized Loan Program (formerly called the Stafford Loan Program) is $23,000 for undergraduates, and $138,500 for graduate and professional students, including any amount borrowed for undergraduate study.